November 7, 2012 / 4:57 AM / 5 years ago

George Soros says Obama victory means 'more sensible politics'

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George Soros, chairman of the Soros Fund Management and Open Society, speaks during an interview with Reuters in New York April 6, 2009.Shannon Stapleton/Files

REUTERS - Billionaire investor George Soros said late Tuesday that the re-election of President Barack Obama will open "the door for a more sensible politics."

Soros, who has contributed mightily to Democratic causes, told Reuters: "I'm delighted that President Obama has won. The American electorate has rejected extremist positions, opening the door for a more sensible politics.

"Hopefully the Republicans in office will make better partners in the coming years, most urgently in avoiding the so-called fiscal cliff."

Reporting By Jennifer Ablan and Matthew Goldstein; Editing by Doina Chiacu

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